Supporting the Implementation of Costa Rica’s National Decarbonization Plan

ongoing

AFD has assisted the Government of Costa Rica via three policy-based loans. They each comprise a budget support loan, a technical cooperation program and a multi-year dialogue on public policies. Co-financed with the Inter-American Development Bank (IDB), they aim to contribute to the decarbonization trajectory of Costa Rica’s economy. The specific objectives are to:Scale up the use of electricity, especially in the transport sector through electric mobility.Promote the restoration and protection of ecosystems with high potential for carbon capture.Promote low-carbon agricultural production systems.Strengthen the management and coordination of Climate action.